Regional Health System Cuts Inventory Discrepancies by 94%
The Challenge
A 12-hospital Midwest health system was losing an estimated $380,000 annually to inventory shrinkage, expired medications, and manual counting errors. Their pharmacy directors spent 60+ hours per quarter on physical counts, time pulled directly from patient care.
Our Solution
IMC deployed its AI-powered scanning technology across all 12 facilities, establishing a standardized inventory protocol and integrating with the system's existing pharmacy management software. Our team conducted full baseline counts at each site within 30 days.
The Results
- 94% reduction in inventory discrepancies within 90 days
- $380,000 in annual savings from shrinkage elimination
- Pharmacy director time on counts reduced from 60+ hrs/quarter to under 4 hrs
- Full DEA compliance documentation maintained across all controlled substance categories
"IMC didn't just count our inventory. They transformed how we manage it. The accuracy improvement was immediate, and the time savings have been remarkable."
Director of Pharmacy Operations
Midwest Regional Health System